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BNTBTC trade ideas

Bancor VS Bitcoin MA RejectionSince April, Bancor started to rise, breaking above the 200 Moving Average. Price went from 30k up to 58k satoshis (to considering the price spike). For two consecutive times BNT/BTC rejected the the moving average, but yet failed to produce a new high. Currently Bancor is trading very close to the 200 MA, which could, once again act as the support. If it will be rejected, and price stays above, the wave up might follow. Nearest resistance is 38.2% Fibonacci retracement at 60k satoshis. Second resistance is at 61.8% Fibs that is 80k satoshis area.  Break and close below the Moving Average should result in a decline towards 48k support level, but break below it is likely to establish a downtrend, sending price back to 30k satoshis area.
BLong
by CryptoPAMM
1
Bancor (BNT/BTC) add to you watch list Bancor is the one cryptocurrency who's chart patterns are nothing like others in the market. The price has been steadily rising 03.04.2018 and is now at the levels of the resistance once support of the all-time high zone. Uptrend support being broken is a bearish sign, but the rectangle pattern looks like a bull flag. I would add this to my watch list, as this resistance area is crucial. If the price goes above it, I would expect new all-time highs, exceeding the prior once, if it fails I would expect the price to fall back significantly.
B
by FX_Academy
Sleeping GiantBancor is a network that lets users convert between two tokens like an exchange. The network lets you convert between two tokens of your choice without any counterparty. You can do this while taking advantage of an automatically calculated price. The system also incorporates built-in liquidity for added convenience. I don't think many have realized the potential of this project, they have a currently working product and have been rolling out a lot of partnerships. I have marked my entry, sorry I didn't tell you all sooner. I'll be holding this one for a while and will look to add on dips. Those big wicks up really scream accumulation to me!
Long
by cluc
3
My First Swing. Lets BNT a little bit.Its my first publication so i will try to do my best. The first things is see the Day and 4H chart and see that the 200 EMA is under the close, so its clearly bullish. On the 4H chart we can see that the MA 9 crosses up the MA 21. On the 4H chart we can see the RSI just a little bit over the 50 and the MACD ready to grow with a lot of potencial. To enter the trade we put the chart on 15 and search good entry points, so we see a good low at 0.00052317, can be a good price to enter. Our Stop Loss could be in 0.00050635 near the 5%. Then we can trailing our stop loss every 4-8 hours with the 4H chart and put it just 3% under the last candle price. Or we can try to put a 5% take profit. Just in 0.00054932 Thats not a financial advise, its only for my particular purpouse.
by gandlf
BNT:BTC - An interesting mixture of Bullish and Bearish signs!Ok let’s have a look at BNT:BTC on the daily log chart! Back on the 29th of March we finally found a bottom which we subsequently tested 5 times over the proceeding 7 days confirming it as support. Since then we have had a bullish crossover of the short term moving average (EMA 12) over the longer term moving average (EMA 26) around the 14th of April (green circle) propelling us upwards and through the 23.6% Fib like butter through a knife! We have since trended higher and blasted through the 38.2% Fib (this was expected given it had previously provided support in Mid-February). We are currently trading well above both the EMA 12 and EMA 26 and looking set for a test of the 50% Fib level. We last tested this as confirmed resistance back on 26th of Feb; and given RSI has just crossed over to oversold (red circle), it is likely we will find some strong resistance here again. Although the MACD is trending above the signal line, there is not a huge amount of momentum and it appears to be slowing down; which likewise confirms a likely retest of the 50% Fib. The flip side to this is that there has not been a lot of sell volume and buyers have been out in force. One thing we need to look out for though is that buyers who got in during the bottom might be seeking to offload shortly especially seeing as though we are oversold on the RSI and Accumulation/Distribution is trending downwards. We also have some interesting candlestick patterns potentially emerging including a Dark Cloud Cover on the 30 minute chart (at time of writing), a Doji Star Bearish and a Gravestone Doji on the daily. If the 50% Fib does provide resistance, it is a good chance we will find some good support back on the 38.2% Fib and bounce back off it after a short period of consolidation (and waiting for the EMA 12 and EMA 26 to catch back up and give us even more support). Note: This is the scenario outlined by the red arrows. If this does occur we could potentially form a cup and handle pattern (shown in black) which will actually take us higher than scenario 1 (up to around 0.00021850 which is a 43% increase from current prices)! However, if we do break through the 50% Fib without finding any resistance (green arrows scenario) then there is not a lot to hold us back until the 78.6% Fib level. In summary we have an interesting mixture of some very bullish and some very bearish indicators. I will be patiently waiting neutral and make a long trade if we can confirm above the 50% Fib and take profits just before the 78.6% Fib; or alternatively if the 50% Fib provides enough resistance waiting for a confirmed bounce (and good indication the down fall is over from other technical indicators including a potential cup and handle pattern) back off the 38.2% Fib. Let's be clear though, overall I am bullish long term - I am just waiting to decide where and when I make my trade depending on how this plays out over the coming days! Trade safe! Cheers
by Corrupt_Economy
Bancor | BNT ... Bancor Network Launches Native Wallet Bancor Network Launches Native Wallet With Built-In Token Conversion I think Bancor is good coin for long-term According to Bancor’s statement, over 100 Blockchain apps with their own cryptocurrencies have already announced integration with the Bancor Network, including such popular tokens as ETH, EOS and DAI. Bancor reportedly neither holds nor has access to customer funds, which in turn enhances the wallet’s security. We should buy it and hold it Buy order : 30000 - 33000 Profit : (1) 35000 (2) 40000 (3) 47000 (4) 53000 (5) 60000 Stoploss : 28000 Good luck Everyone Thanks
BLong
by Glorali